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Petrc
Level 1

Estimated 2020 Taxes and COVID19

I sold a rental property in early 2020, I need to make estimated tax payments.  With the change to the deadline from April 15th to July 15th because of COVID19 is the the July 15th payment made up of both the April 15th and July 15th payments or is every payment being postponed by 3 months meaning the 4th quarter payment will be due on April 15th 2021.  thanks

1 Best answer

Accepted Solutions
AnnetteB6
Expert Alumni

Estimated 2020 Taxes and COVID19

The estimated payment due dates are a little strange for 2020 due to the changes related to COVID-19.  They are as follows:

 

First quarter payment (to cover January 1 through March 31) -- normally due April 15, 2020 has been extended to July 15, 2020

 

Second quarter payment (to cover April 1 through May 31) -- normally due June 15, 2020 has been extended to July 15, 2020

 

Third quarter payment (to cover June 1 through August 31) -- due September 15, 2020

 

Fourth quarter payment (to cover September 1 through December 31) -- due January 15, 2021

 

 

@Petrc

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1 Reply
AnnetteB6
Expert Alumni

Estimated 2020 Taxes and COVID19

The estimated payment due dates are a little strange for 2020 due to the changes related to COVID-19.  They are as follows:

 

First quarter payment (to cover January 1 through March 31) -- normally due April 15, 2020 has been extended to July 15, 2020

 

Second quarter payment (to cover April 1 through May 31) -- normally due June 15, 2020 has been extended to July 15, 2020

 

Third quarter payment (to cover June 1 through August 31) -- due September 15, 2020

 

Fourth quarter payment (to cover September 1 through December 31) -- due January 15, 2021

 

 

@Petrc

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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